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Dec 14, 2012
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president obama and speaker john boehner have met trying to hammer out a deal on the fiscal cliff. the discussion was described as frank. the president is apparently holding firm on taxing the wealthy and there are signs of dissension among the republican ranks. susan mcginnis starts us off this morning. susan, good morning to you. >> hi. good morning, terrell. the two men met for less than an hour, and that's not an encouraging sign. neither of them spoke during the meeting but what we heard before and after is neither side is budging on their core decisions, this as time to make a deal grows shorter. house speaker john boehner made the short trip up pennsylvania avenue to the white house thursday to talk to president obama about the fiscal cliff. the tax hikes and spending cuts set to kick in january 1st. they met for nearly an hour. both sides describe the discussion as frank. >> i think speaker boehner has a contentious caucus. >> the president wants to pretend that spending isn't a problem. that's why we don't have an agreement. >> president obama insists on raising taxes on t
president obama and speaker john boehner have met trying to hammer out a deal on the fiscal cliff. the discussion was described as frank. the president is apparently holding firm on taxing the wealthy and there are signs of dissension among the republican ranks. susan mcginnis starts us off this morning. susan, good morning to you. >> hi. good morning, terrell. the two men met for less than an hour, and that's not an encouraging sign. neither of them spoke during the meeting but what we...
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Dec 14, 2012
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. >>> another round of talks between president obama and the speaker of the house john boehner. the issue, the looming "fiscal cliff." the pair had met twice this week but as cbs reporter susan mcginnis shows us, the increased frequency of talks really hasn't got them any closer to finding a deal. >>> reporter: house speaker john boehner left congress to head to the white house thursday for what both sides called a frank discussion about the "fiscal cliff." >> still a work in progress. >> reporter: they talked for nearly an hour about the tax hikes and spending cuts set to kick in at the end of the year. before the meeting, both sides were pointing fingers at the other. >> the only holdouts right now are the house republicans. i think speaker boehner has a contentious caucus. >> the president wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> reporter: president obama insists on raising taxes on the top 2% of earners but even he recognizes that's a tough sell. >> the idea of not raising taxes has become sort of a religion for a lot of mem
. >>> another round of talks between president obama and the speaker of the house john boehner. the issue, the looming "fiscal cliff." the pair had met twice this week but as cbs reporter susan mcginnis shows us, the increased frequency of talks really hasn't got them any closer to finding a deal. >>> reporter: house speaker john boehner left congress to head to the white house thursday for what both sides called a frank discussion about the "fiscal cliff."...
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Dec 5, 2012
12/12
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president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter: speaker boehner offered the republican proposal this week and now he faces opposition from president obama. >> the speaker's proposal is out of
president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are...
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Dec 10, 2012
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. >> president obama and speaker boehner negotiate face to face at the white house. >> republicans are softening their resistance to a tax increase for the rich, but they want something in return. >> there is a growing group of folks realizing that we don't have a lot of cards as it related to the tax issue. >> an american doctor who had been kidnapped by the taliban in afghanistan was rescued. >> dr. dilip joseph is free, but one u.s. navy seal lost his life in this mission. >> this fallen hero was a member of navy s.e.a.l. team 6. >> condolences pouring in after the tragic death of mexican-american singer jenni rivera, killed in a plane crash. >> for the first time since their prank call that led to the apparent suicide of kate middleton's nurse, those radio hosts are speaking out. >> we didn't have any idea like something like this could possibly happen. we couldn't see this p haing. it was meant to be a prank call. >> the midwest covered in snow this morning. some saw up to 17 inches of snow. >> you head out with your well dressed pet monkey. suddenly you two are separated. >> oh,
. >> president obama and speaker boehner negotiate face to face at the white house. >> republicans are softening their resistance to a tax increase for the rich, but they want something in return. >> there is a growing group of folks realizing that we don't have a lot of cards as it related to the tax issue. >> an american doctor who had been kidnapped by the taliban in afghanistan was rescued. >> dr. dilip joseph is free, but one u.s. navy seal lost his life in...
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Dec 10, 2012
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. >>> president obama and house speaker john boehner met one on one yesterday. are they any closer to a deal on the fiscal cliff. >>> and dr. j's the center of the royal hoax break their silence. >>> and hoveling villagers -- and how villagers in india help rescue this massive elephant. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. get a droid incredible 4g lte by htc for $49.99. forest officials and villags worked together to rescue oe . >>> it is a happy ending for three elephants in india. they were trapped in a big mud pit here. the adult male had been there for three days before receiving medicine and vitamins. in another part of india, a female and a calf fell into an open well in the out skirts of the village. a mother struggled to to get them out of before an earth mover got them out. they weigh a lot. >> they do. it takes a lot of work and effort to rescue the elephants. >>> weather wise, you came back on a lovely
. >>> president obama and house speaker john boehner met one on one yesterday. are they any closer to a deal on the fiscal cliff. >>> and dr. j's the center of the royal hoax break their silence. >>> and hoveling villagers -- and how villagers in india help rescue this massive elephant. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10...
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Dec 12, 2012
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speaker boehner and president obama talked by tell phone. i'm told the phone call did not go particularly well and they remain divided. they're going to allow business to go on until december 28th. the president remains confident a deal will get done. on monday the president gave republican as new offer, trimming his request for ten years of income tax revenue from $1.6 trillion to $1.4 trillion. he told republicans yesterday he's willing to put tax reform into the mix of negotiations. the republicans said the president is still asking for way too much in tax revenue and they always thought corporate tax reform would be part of the larger way. it's hard to come to a deal when one side officers concessions and the other side says the concessions are merely distractions and diversions, but that's where we are. >> major garrett, thank you. >>> body woobdward, associate editor of "the washington post." what do you think is going on inside that they're not talking about? >> i think they knee they really have to fix this. if they don't fix it it c
speaker boehner and president obama talked by tell phone. i'm told the phone call did not go particularly well and they remain divided. they're going to allow business to go on until december 28th. the president remains confident a deal will get done. on monday the president gave republican as new offer, trimming his request for ten years of income tax revenue from $1.6 trillion to $1.4 trillion. he told republicans yesterday he's willing to put tax reform into the mix of negotiations. the...
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Dec 13, 2012
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so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year. it's affecting america today. well, even santa claus is upset. santa claus showed up on capitol hill wednesday, urging congress and the white house to strike a deal to avoid the looming fiscal cliff before christmas. >> it's discouraging that our elected leadership in congress can't come together to get the job done for the american people. >> reporter: both sides say it's putting a damper on the holidays. >> i think it's going to be extremely difficult to get it done before christmas. ? . >> in anticipation, there is no agreement. congressional leaders told lawmakers not to make holid
so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year....
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May 16, 2012
05/12
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among them, a deal nearly reached at a golf summit between president obama and speaker boehner fell apart. and the threat of a default triggered a downgrade of the u.s. credit rating. senate majority leader harry reid says it's time for republicans to work with democrats. >> american people have had enough of this brinksmanship. they want us to get things done. >> reporter: today's arguments are the same ones that faced congress then. republicans want deep cuts in spending. democrats want higher taxes for the wealthiest americans. and speaker boehner is also promising there will be a vote on renewing the bush tax cuts that expire at the end of the year. >> susan mcginnis in washington, thank you. >>> the fbi is now reportedly looking into the $2 billion trading loss at jpmorgan chase. the securities and exchange commission and federal reserve have already opened inquiry, and ceo jamie dimon survived a meeting with shareholders yesterday. anthony mason has more on that. >> reporter: security was tight around jpmorgan's tampa, florida, campus. a small band of protesters was kept across the
among them, a deal nearly reached at a golf summit between president obama and speaker boehner fell apart. and the threat of a default triggered a downgrade of the u.s. credit rating. senate majority leader harry reid says it's time for republicans to work with democrats. >> american people have had enough of this brinksmanship. they want us to get things done. >> reporter: today's arguments are the same ones that faced congress then. republicans want deep cuts in spending....
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Dec 18, 2012
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house speaker john boehner met with fellow republicans this morning to discuss president obama's "fiscal cliff" proposal. the speaker also began work on a so-called plan b to prevent a tax increase in case he doesn't reach a deal with the white house before january 1. >> our plan b would protect american taxpayers who make a million dollars or less. >> reporter: the white house quickly rejected boehner's backup proposal. >> the so-called plan b that's been put out there achieves nothing. he would lose hundreds of buffalos dollars of revenue. >> reporter: the president initially insisted on letting tax cuts expire for households making $250,000 a or more. but the new white house counter proposal raises that threshold to $400,000. for the first time, the president is willing to accept some reduction in future cost of living benefit increases for social security recipients. in addition to his negotiations with the president, boehner has another challenge, convincing gop conservatives to accept any increases in income taxes. many republicans believe tax increases will hurt small businesses.
house speaker john boehner met with fellow republicans this morning to discuss president obama's "fiscal cliff" proposal. the speaker also began work on a so-called plan b to prevent a tax increase in case he doesn't reach a deal with the white house before january 1. >> our plan b would protect american taxpayers who make a million dollars or less. >> reporter: the white house quickly rejected boehner's backup proposal. >> the so-called plan b that's been put out...
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but, look, as soon as what president obama wants is speaker boehner say he's going to give on the tax rates. as soon as that happens it will unlock everything else. the white house says boehner knows they will be willing to make structural reform to entitlements and take on his own party on that matter, but they want that concession from boehner about the rates. and you saw boehner walk right up to the line on friday by suggesting maybe it could go from 35 to 37 or give a little bit. they tried to walk that back. as soon as that conservation happens, that will unlock everything. >> schieffer: can speaker boehner deliver the votes in his caucus if in fact he makes a deal? >> i don't think he that's say it. high doesn't have to say it out loud. s that's thing. he needs to signal it in some way and then you'll have a two-stage process. they'll do the fiscal cliff stuff and tax reform by august 1 of next year. >> but the speaker so far has not had a rebellion underneath him. he has said things that continue to move in this direction without a rebellion. here's what happened oned with. the
but, look, as soon as what president obama wants is speaker boehner say he's going to give on the tax rates. as soon as that happens it will unlock everything else. the white house says boehner knows they will be willing to make structural reform to entitlements and take on his own party on that matter, but they want that concession from boehner about the rates. and you saw boehner walk right up to the line on friday by suggesting maybe it could go from 35 to 37 or give a little bit. they tried...
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Dec 8, 2012
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and house speaker john boehner. here on capital hill, boehner says he is still waiting for the white house to respond to the latest gop proposal. >> this isn't a progress report because there's no progress to report. >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after the election to put revenues on the table to take a step toward the president to try to resolve this. when is he going to take a step toward us. >> jay david cox sees real conqueenses if the country goes over the cliff. >> -- consequences if the country goes over the cliff. >> there would be a lot of employees who would be furloughed or lose their job. >> speaker boehner says he will be staying in town this weekend ready to negotiate with the president. danielle nottingham, cbs news washington. >>> a car can't be registered at the dmv. turning buyers and sellers into big losers. >>> when it comes to early december weather, does it get any better th
and house speaker john boehner. here on capital hill, boehner says he is still waiting for the white house to respond to the latest gop proposal. >> this isn't a progress report because there's no progress to report. >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after the election to put revenues on the table to take a step toward the president to try to resolve this. when...
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president obama and house speaker john boehner met behind closed doors sunday. it was their first face-to-face meeting since november 6, the election day, and now it look like some republicans may be breaking ranks. susan mcginnis is in washington with the latest. hi, susan. good morning to you. >> hi. many on capitol hill are encouraged by the weekend talks, but to get a deal done on time, apparently action this week is said to be critical. and now we have the president heading out on the road again. president obama leaves d.c. today, headed to michigan to talk to auto workers, part of his strategy to generate public support for his plan to avoid the fiscal cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like medicare. >> you know, they started their tango now, and any time you start a ta
president obama and house speaker john boehner met behind closed doors sunday. it was their first face-to-face meeting since november 6, the election day, and now it look like some republicans may be breaking ranks. susan mcginnis is in washington with the latest. hi, susan. good morning to you. >> hi. many on capitol hill are encouraged by the weekend talks, but to get a deal done on time, apparently action this week is said to be critical. and now we have the president heading out on...
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obama care about families like mine >> the speakers will be talking up the president's accomplishments and highlighting differences with republicans. delegates are proving to party platform that back same-sex marriage and abortion rights. >> key has been one who has stood up for reproductive rights for women. he is one who has been consistently out there trying to make sure that women get equal pay. >> democrats hope that mrs. reaches voters outside the convention hall. democrats are taking comfort in a poll that shows brian from their convention last week. >> i have to ask, i know you cover the republican convention and you heard the rumors about clint eastwood, do you hear any rumors about any surprise guests? >> the biggest surprise that people are talking about is what former president clinton will say in his speech but in terms of celebrities, i just heard the name betty white whispered. i don't know if israel but i guess we'll find out soon enough. >> you can get real-time updates throughout the convention from the convention twitter wall that we built on cbssf.com. we will be st
obama care about families like mine >> the speakers will be talking up the president's accomplishments and highlighting differences with republicans. delegates are proving to party platform that back same-sex marriage and abortion rights. >> key has been one who has stood up for reproductive rights for women. he is one who has been consistently out there trying to make sure that women get equal pay. >> democrats hope that mrs. reaches voters outside the convention hall....
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Dec 6, 2012
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house speaker john boehner says he's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear likely any time soon. >> an obsession to raise taxes is not going to solve the problem. >> treasury secretary timothy geithner said the white house is absolutely willing to go over the fiscal cliff if the gop doesn't agree to raise taxes on the top 2% of earners. while a handful of republicans appears willing to concede that point, the party's position seems unchangeable. >> speaker boehner took a position i think the day after the campaign that says we're willing to bring in revenue, but we're not willing to increas
house speaker john boehner says he's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person, here on capitol hill or...
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president obama and house speaker john boehner met to try to prevent the impending fiscal cliff. the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the the new year. announcement is expected when the bankers meet tomorrow and wednesday. a new survey shows pay for private college presidents continues the upward climb. they studied data from 2010 and median compensation rose to $400,000. that is up nearly 3 personality. that's a -- percent. that's a pretty good paying job there. very lucrative. >> cbsmoneywatch.com, thank you. >>> a heavy storm is pummeling the upper midwest. 15 inches of snow dumped on the twin city in minnesota. crews are cranking up the late to melty snow -- melt snow on the roof. it dumped 17 inches of snow on the roof
president obama and house speaker john boehner met to try to prevent the impending fiscal cliff. the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the...
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norah o'donnell sat down with the speaker of the house, john boehner, today. norah. >> reporter: and, scott, republicans have already voted 30 times in the house of representatives to repeal or de-fund the affordable care act, but it never gets beyond the republican-controlled house because the senate is controlled by democrats. well, they plan to do it all again on july 11. and speaker boehner made clear, republicans want to repeal the whole act, including provisions that he acknowledges are popular. why not, then, if you like some of the provisions in the affordable care act, why not work with it rather than repeal the whole thing? >> no, no, no. >> reporter: even mitt romney... >> this has to be ripped out by its roots. this is government taking over the entire health insurance industry. the american people do not want to go down this path. they do not want the government telling them what kind of insurance policy they have to buy and how much they're going to pay for it. and if you don't like it, we're going to tax you. it has to be ripped out, and we need
norah o'donnell sat down with the speaker of the house, john boehner, today. norah. >> reporter: and, scott, republicans have already voted 30 times in the house of representatives to repeal or de-fund the affordable care act, but it never gets beyond the republican-controlled house because the senate is controlled by democrats. well, they plan to do it all again on july 11. and speaker boehner made clear, republicans want to repeal the whole act, including provisions that he acknowledges...
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Dec 7, 2012
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i'll tell you what, norah, i'm encouraged to hear overnight that president obama and speaker boehner have decided they are going to sit down and try to negotiate this out quietly and confidentially. that's the way we used to do it. that's the way ronald reagan did it with tip o'new'neilwe o'neil. back in 1982 or '83. we had private meetings actually in the basement of my home in washington. nobody knew about them. we were free to give and take and put things on the table without fear that would be used politically against us. same thing for the democrats. that's what we need to get back to. we need something in the nature, norah, of a grand bargain, along the lines of the simpson bowles proposal, something that has everything on the table and that cuts spending and increases revenue. and we've got to do it. the country is in extraordinarily bad shape economically. >> secretary baker, do you believe that the republicans should be willing to concede on the question of raising the rates on the wealthy? >> i don't think they should be willing to concede on that any more than the democrat
i'll tell you what, norah, i'm encouraged to hear overnight that president obama and speaker boehner have decided they are going to sit down and try to negotiate this out quietly and confidentially. that's the way we used to do it. that's the way ronald reagan did it with tip o'new'neilwe o'neil. back in 1982 or '83. we had private meetings actually in the basement of my home in washington. nobody knew about them. we were free to give and take and put things on the table without fear that would...
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. >> reporter: president obama called on house speaker john boehner to come back to the negotiating table to avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> reporter: the house did not even vote on speaker john boehner's proposed plan b because it didn't win enough republican support. >> good morning, everyone. >> reporter: the speaker says the ball is in the president's court. >> unless the president and congress take action, tax rates will go up on every american taxpayer and devastating the defense cuts will go into effect in 10 days. >> reporter: his bill would have extended tax rates for households making a million dollars a year. the president put the threshold at $400,000. the white house and democrats here on capitol hill are frustrated that speaker boehner spent the last several days pushing plan b instead of focusing on a bigger compromise. >> nobody can get 100% of what they want and this is not simply a contest between parties in terms of who looks good and who doesn't. >> reporter: disagreements over how much to r
. >> reporter: president obama called on house speaker john boehner to come back to the negotiating table to avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> reporter: the house did not even vote on speaker john boehner's proposed plan b because it didn't win enough republican support. >> good morning, everyone. >> reporter: the speaker says the ball is in the president's court. >> unless...
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Dec 21, 2012
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president obama has proposed an $er taxes for households making more than $400,000. speaker boehner wants a tax increase only for households making a million or more. house is going to vote on that coposal tonight, and nancy cordes is on capitol hill for us. nancy. >> scott, shortly before that vote was due to take place house speaker john boehner announced he was canceling it with no democratic support, he needed almost every republican to get on board. and in the end he didn't e ve the votes. negotiations between speaker boehner and the white house ground to a halt today as everyone watched to see if he and house republican leaders would get the votes they needed to pass plan b, a bill preventing tax rates from going up for households making less than $1 million a year. majority leader eric cantor. >> we protect 99-- 99.81% of american taxpayers from a tax increase in these very whfficult economic times. >> reporter: that wasn't good fluff for some conservatives who said taxes should not go up for anybody. to placate them speaker boehner introduced a second bill cu
president obama has proposed an $er taxes for households making more than $400,000. speaker boehner wants a tax increase only for households making a million or more. house is going to vote on that coposal tonight, and nancy cordes is on capitol hill for us. nancy. >> scott, shortly before that vote was due to take place house speaker john boehner announced he was canceling it with no democratic support, he needed almost every republican to get on board. and in the end he didn't e ve the...
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president obama says he is willing to cut some entitlements and speaker john boehner is not ruling out a tax hike for top earners. >>> and muni is contemplating changing their fare to be based on a person's income. the bay area lead transit body is conducting a study on the issue due to riders' mixed feelings. >>> and "face the nation" is coming up next on cbs 5. for us, we move over to the cw, where salmon have suddenly appeared after a 50-year absence. channel 44, cable 12, starting at 8:30 a.m. >> what are we supposed to do? we're supposed to swim upstream. we forgot about that. >> well, right now, no water to speak of in our skies. >> and probably a well-deserved break. as we have a look outside, it's going to be sunny and breezy. northwesterlies kick up, a dry direction, kind of chapped lips weather. feferlts, plenty of sunshine. temperatures are going to be in the mid-60s on average in the bay area, going to be nice. next chance of rain coming in on wednesday. >> we'll concentrate on the sunshine in the meantime. >>> thanks for joining us this morning. enjoy the rest of your sund
president obama says he is willing to cut some entitlements and speaker john boehner is not ruling out a tax hike for top earners. >>> and muni is contemplating changing their fare to be based on a person's income. the bay area lead transit body is conducting a study on the issue due to riders' mixed feelings. >>> and "face the nation" is coming up next on cbs 5. for us, we move over to the cw, where salmon have suddenly appeared after a 50-year absence. channel 44,...
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president obama one-on-one with speaker boehner. major garrett has new details on fiscal cliff negotiations. >>> plus ceo of general electric jeff immelt tells us why both sides need to act now. >>> it's a mess in parts of the midwest this morning. an early storm drops morha
president obama one-on-one with speaker boehner. major garrett has new details on fiscal cliff negotiations. >>> plus ceo of general electric jeff immelt tells us why both sides need to act now. >>> it's a mess in parts of the midwest this morning. an early storm drops morha
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Dec 18, 2012
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. >> reporter: house speaker john boehner refused to answer questions after meeting with president obama today-to- discuss the "fiscal cliff." >> any updates, mr. speaker? >> reporter: after weeks of deadlocks between the white house and congressional republicans, boehner changed course on friday. he is now offering to support tax increases for households making more than $1 million a year in exchange for a trillion dollars in spending cuts to entitlement programs like medicare and medicaid. >> the president has always said that part of this is revenue and part is spending cuts and he is willing to make tough choices. >> reporter: boehner is also offering to increase the federal debt receiving for a year which allows the government to pay its bills. but some republicans wanted to use the threat of default to demand more spending cuts. >> and they are still exchanging offers but moving to the middle and i was very encouraged by the boehner offer. >> reporter: alice rivlin served as a member of the president's debt commission. she believes neither side is foolish enough to let the nation g
. >> reporter: house speaker john boehner refused to answer questions after meeting with president obama today-to- discuss the "fiscal cliff." >> any updates, mr. speaker? >> reporter: after weeks of deadlocks between the white house and congressional republicans, boehner changed course on friday. he is now offering to support tax increases for households making more than $1 million a year in exchange for a trillion dollars in spending cuts to entitlement programs...
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Dec 8, 2012
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and house speaker boehner. here on capital here hill boehner says he is still waiting on the white house to respond to the latest proposal. >> this isn't a progress report because there is no progress to report. to >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after election to put revenues on the tame to take a step toward the president to try to resolve this. ,,,,,, ,,,,,, >>> you made it. it is weekend time, and i can vouch for both weather and traffic. weather thumbs up. traffic, thumb's down. here is a live look outside. we have mainly clear skies and mainly congested roads. beautiful weather, though. also in the south bay we're looking good. we are cooling down quickly. many of you will be in the upper 30s by tomorrow morning. concord you will be one of those spots down to 51. san jose, 56 degrees. ground clutter being picked up by our radar. there was no rainfall for 400 miles from san francisco. the
and house speaker boehner. here on capital here hill boehner says he is still waiting on the white house to respond to the latest proposal. >> this isn't a progress report because there is no progress to report. to >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after election to put revenues on the tame to take a step toward the president to try to resolve this. ,,,,,,...
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Jan 25, 2012
01/12
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of the union address tonight and we also sat down with speaker john boehner for the republican view of how to move the country forward. that's tonight on the cbs evening news. music, grandma. stening to? it doesn't sound like music to me. ♪ [ stops ] these fries are pretty good. they're gonna go right to my rear though. [ man ] are you excited to see the place? [ grandma ] you just never know. you think it's gonna look the same, but you never know. grandma, wait. grandma, wait up! [ chuckles ] the leap list. get going on yours... in the completely redesigned cr-v. all new, from honda.
of the union address tonight and we also sat down with speaker john boehner for the republican view of how to move the country forward. that's tonight on the cbs evening news. music, grandma. stening to? it doesn't sound like music to me. ♪ [ stops ] these fries are pretty good. they're gonna go right to my rear though. [ man ] are you excited to see the place? [ grandma ] you just never know. you think it's gonna look the same, but you never know. grandma, wait. grandma, wait up! [ chuckles...
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Dec 14, 2012
12/12
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president obama and house speaker john boehner held a white house meeting on thursday. they did not reach an agreement, and now there are signs that any deal could be small and limited. bill plante is at the white house. bill, good morning. >> reporter: good morning. and good morning out west. the president and the speaker met for almost an hour last evening and that will be the main topic of today's white house briefing in a couple of hours. even though it's clear that the two men didn't agree last night on much of anything. the speaker left the capitol last night planning to head home to ohio for the weekend. his meeting with the president came after a day when the two sides couldn't even agree on how to address the problem. >> i've been pushing all year for us to address this problem. but here we are at the 11th hour and the president still isn't serious about dealing with this issue right here. it's this issue. spending. >> republicans need to accept the fact that rates will go up on the top 2%. and that we should extend tax cuts for the remaining 98%. >> reporter:
president obama and house speaker john boehner held a white house meeting on thursday. they did not reach an agreement, and now there are signs that any deal could be small and limited. bill plante is at the white house. bill, good morning. >> reporter: good morning. and good morning out west. the president and the speaker met for almost an hour last evening and that will be the main topic of today's white house briefing in a couple of hours. even though it's clear that the two men didn't...
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Nov 8, 2012
11/12
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president obama called congressional leaders before he returned to washington last night. >> earlier house speaker john boehner said republicans are open to new tax revenues under the right conditions. boehner said republicans would be willing to accept new taxes if, if the president is willing to reduce spending. however, boehner rejected any new taxes that specifically target the rich. after senator john mccain lost the 2008 presidential race much of the republican spotlight landed on his vice presidential pick sarah palin. now her observers are wondering if the same thing will happen to mitt romney's running mate paul ryan. chip reid is in janesville wisconsin, with that. chip, good morning. >> reporter: good morning, norah. paul ryan is spending some down time with his family in his hometown of janesville wisconsin, before heading back to washington, and yes, he will be heading back to washington because while he lost the vice presidential bid, he was overwhelmingly re-elected by the people of this district to his seat in congress. and now, just two days after election day, talk
president obama called congressional leaders before he returned to washington last night. >> earlier house speaker john boehner said republicans are open to new tax revenues under the right conditions. boehner said republicans would be willing to accept new taxes if, if the president is willing to reduce spending. however, boehner rejected any new taxes that specifically target the rich. after senator john mccain lost the 2008 presidential race much of the republican spotlight landed on...
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Dec 6, 2012
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president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says their taxes don't go up, they'll be happier and spend more money. that's the pr side of this. much more important, the context of the deal, keet players yesterday picked up the phone. phone call relatively brief and substantive. details remain elusive. it was shorter, sources say, to last week's 28-minute conversation described them as curt, direct and frank. no one familiar with this call used such barbed words. it also occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans
president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says their taxes don't go up, they'll be happier and spend more money. that's the pr side of this. much more...
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Dec 22, 2012
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. >> reporter: the president met with harry reid at the white house and spoke with house speaker john boehner. mr. obama said lawmakers need a break from fiscal cliff frustration-- much of it self- induced. >> we move forward together or we don't move forward at all so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. >> reporter: the president will follow his own advice. lawmakers and return to washington if there is a deal. >> pelley: major, thank you. as you know, this debate is all about bringing the federal budget under control. if the white house and congress can't figure it out, big across- the-board budget cuts and those tax increases we mentioned kick in automatically january 1. the so-called fiscal cliff. the republican speaker of the house tried to force through his solution last night but he couldn't keep his own party in line. nancy cordes is at the capitol. nancy? >> reporter: scott, this was an unforced error. speaker boehner did not have to bring this plan "b" bill up but he was simply trying to get mo
. >> reporter: the president met with harry reid at the white house and spoke with house speaker john boehner. mr. obama said lawmakers need a break from fiscal cliff frustration-- much of it self- induced. >> we move forward together or we don't move forward at all so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. >> reporter: the president will follow his own advice. lawmakers and return to washington if...
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Apr 18, 2012
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john, speaker boehner was talking with charlie and said that president obama lost his courage when it came to the budget negotiations. how important will the budget and these negotiations or lack thereof be as we head into november? >> it depends how it is framed. if it's a conversation just about reducing the deficit, then republicans will do well. you have seen in polls that people trust governor romney on that question over president obama. so if it's about that, the president is in bad shape. if the conversation is about who is going to be more fair in the future in terms of dividing up the government and also if everybody has to sacrifice who will have the sort of fair distribution of sacrifice, then that's turf on which the president would like to fight the election and in which he's got a slightly better chance. the budget is a big conversation and they will both be fighting about what exactly it means to have a fight over the budget. >> one last question from me, john. this notion of the gender gap, how will the romney campaign go at trying to change those numbers, which are o
john, speaker boehner was talking with charlie and said that president obama lost his courage when it came to the budget negotiations. how important will the budget and these negotiations or lack thereof be as we head into november? >> it depends how it is framed. if it's a conversation just about reducing the deficit, then republicans will do well. you have seen in polls that people trust governor romney on that question over president obama. so if it's about that, the president is in...
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Dec 21, 2012
12/12
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house speaker john boehner says now it's up to president obama and the democrats to steer the country away from the "fiscal cliff." >> unless the president and congress take action, tax rates will go up on every american taxpayer and devastating defense cuts will go into effect in 10 days. >> reporter: one by one republicans came out of an emergency meeting thursday night. >> have a merry christmas. >> reporter: speaker boehner's plan b to avoid automatic tax hikes and steep spending cuts was dead before the house voted. >> are you guys leaving until after christmas? >> yes. >> why is that? >> we don't have the votes. >> reporter: boehner's bill would have extended the bush- era tax rates for households making up to a million dollars a year. he pushed it after rejecting an offer from the president that put the threshold at $400,000. even if speaker boehner had won enough support in his own party to pass plan b in the house, it would have failed in the senate. president obama also promised a veto and the white house said boehner's plan b just wasted time. >> it's a multiday exercise in
house speaker john boehner says now it's up to president obama and the democrats to steer the country away from the "fiscal cliff." >> unless the president and congress take action, tax rates will go up on every american taxpayer and devastating defense cuts will go into effect in 10 days. >> reporter: one by one republicans came out of an emergency meeting thursday night. >> have a merry christmas. >> reporter: speaker boehner's plan b to avoid automatic tax...
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Dec 6, 2012
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obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me-- or do not used words like "curt," "frank" and "direct" meaning it was probably more gentle. also i'm told scott this is no longer a time for check-in phone calls between these two leaders. everything now is substantive about the underlying merit of what treasury secretary geithner. republicans believe this can be done through tax loopholes not raising rates on the wealthiest americans. >> pelley: we asked chip reid to vi
obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the...
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Dec 20, 2012
12/12
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obama fired up. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and norah. top white house official told us the lines of communication remain open between president obama and house speaker john boehner but no one is using them. the president spoke yesterday about the contours of a grand bargain and said on a budget deal, america is tantalizingly close to victory. >> i'm going to reach out to all the leaders involved over the next couple of days and find out what is it that's holding this thing up. >> reporter: mr. obama said he trusts boehner and understands many republicans don't like dealing with him. just this once the president said, get over it. >> they've got to take me out of it and think about their voters. >> reporter: while the president was chatty boehner devoted only 52 seconds to the still emerging gop strategy of voting to increase income taxes on households earning $1 million or more. >> the house will pass legislation to make permanent tax
obama fired up. major garrett is at the white house. major, good morning. >> reporter: good morning, charlie and norah. top white house official told us the lines of communication remain open between president obama and house speaker john boehner but no one is using them. the president spoke yesterday about the contours of a grand bargain and said on a budget deal, america is tantalizingly close to victory. >> i'm going to reach out to all the leaders involved over the next couple...
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Jul 1, 2012
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. >> if we want to get rid of obamacare, we're going to have to replace president obama. >> o'donnell: we'll get reaction from the top republican in the land, house speaker john boehner. >> this has to be ripped out by its roots. this is government taking over the entire health insurance industry. the american people do not want to go down this path. >> o'donnell: and he says the house will push for repeal yet again. >> we will not flinch from our resolve to make sure this law is repealed in its entirety. >> o'donnell: for reaction from both sides, we'll hear from democrat chuck schumer and republican budget hawk tom coburn. what does it mean for the states? we'll get the governors' perspective from democrat martin o'malley of maryland and republican scott walker of wisconsin. and how will the decision play out on the campaign trail? we'll ask our political round table. john harris of politico, major garrett of "national journal" and our own jan crawford and john dicker son. the supreme court's ruling and what it means for you. because this is "face the nation." captioning sponsored b
. >> if we want to get rid of obamacare, we're going to have to replace president obama. >> o'donnell: we'll get reaction from the top republican in the land, house speaker john boehner. >> this has to be ripped out by its roots. this is government taking over the entire health insurance industry. the american people do not want to go down this path. >> o'donnell: and he says the house will push for repeal yet again. >> we will not flinch from our resolve to make...
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Dec 14, 2012
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last night president obama and house speaker john boehner met for just under an hour. the brief meeting was described as frank but there is still no sign of a compromise. the white house says the president will not budge in his tax strategy to raise rates on the top 2% of americans. republicans want more cuts to social programs like medicare. >>> a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained .5%. tokyo's nikkei shed a fraction. >>> now, you might not know the name but you have seen the unique label that norman woodland developed with another engineer. woodland invented the bar code. now what it is, that rectangle found on about every product we buy in stores. they got a patent for their invention 60 years ago. but the technology to use the bar code was not developed until 1974. norman woodland was 91. let's send it back to you. >> hope he made a couple of bucks with that. >> i'm sure. >>> well, apparently new yorkers will soon be able to hail their taxis just using their phones, right? >> reporter: ah
last night president obama and house speaker john boehner met for just under an hour. the brief meeting was described as frank but there is still no sign of a compromise. the white house says the president will not budge in his tax strategy to raise rates on the top 2% of americans. republicans want more cuts to social programs like medicare. >>> a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained .5%. tokyo's nikkei shed a...
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Dec 14, 2012
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. >>> president obama and speaker of the house john boehner had a late meeting at the white house yesterday. the pair discussed the impending "fiscal cliff." aides describe the meeting as frank. the two remain stuck on the issue of whether to raise taxes on the top 2%. >> the idea of not raising taxes has sort of become a religion for a lot of members of the republican party. >> the president wands to pretend that spending -- wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> clearly a deal was not reached yesterday. if they can't find a middle ground, taxes will go up on all americans january 1. this will also be deep spending cuts across the board. >>> coming up, a very bizarre crime. thousand thieves stole a driveway -- how thieves stole a driveway. >> and the new hobbit movie is making people sick. the technology turning stomachs. >> the market just opened. let's check the early numbers. we have a bit of a mixed bag but still early. jason brooks will talk about that and more coming up. -what's up? i'm chris. -and i'm erik. both: we're the fruit g
. >>> president obama and speaker of the house john boehner had a late meeting at the white house yesterday. the pair discussed the impending "fiscal cliff." aides describe the meeting as frank. the two remain stuck on the issue of whether to raise taxes on the top 2%. >> the idea of not raising taxes has sort of become a religion for a lot of members of the republican party. >> the president wands to pretend that spending -- wants to pretend that spending isn't...
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Dec 14, 2012
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obama wants to raise taxes on the top 2% of americans, and that would include married couples earning more than $250,000. nancy cordes is at the capitol tonight. nancy? >> reporter: scott, the president and speaker boehner met at the white house this evening for about 50 minutes. we're told the conversation was frank, but before he headed to the white house, speaker boehner gave this grim assessment of the state of talks right now. >> here we are at the 11th hour, and the president still isn't serious about dealing with this issue right here. it's this issue: spending! >> reporter: white house aides say the president has proposed $600 billion worth of cuts. in an interview with cbs' minneapolis affiliate wcco, the president said no deal is possible unless speaker boehner agrees to let the low bush tax rates expire for the top 2% of u.s. households. >> the big problem right now is that republicans in the house are resistant to the idea of the wealthiest americans paying higher tax rates. >> reporter: boehner wasn't swayed. why are you holding out for a tax cut for the wealthy that most
obama wants to raise taxes on the top 2% of americans, and that would include married couples earning more than $250,000. nancy cordes is at the capitol tonight. nancy? >> reporter: scott, the president and speaker boehner met at the white house this evening for about 50 minutes. we're told the conversation was frank, but before he headed to the white house, speaker boehner gave this grim assessment of the state of talks right now. >> here we are at the 11th hour, and the president...
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Sep 14, 2012
09/12
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obama and republican house speaker john boehner failed to reach agreement on the budget, an agreement that they called "the grand bargain" you're calling for cooperation in washington, but if you're re- elected, john boehner will still be speaker of the house. paul ryan will still be the chairman of the budget committee. how will anything change in washington if all the players are the same, including yourself? >> well, first of all, we don't know what's going to happen in the election. in my election or anybody else's. so we don't want to take that for granted. but let's assume i'm re-elected and the house republicans are still in charge. i think it's important to point out that even with all the back- and-forth that's taken place this year, we got a lot of stuff done. we have cut a trillion dollars from our deficit because of an agreement that i made with speaker boehner that got passed and got signed. my sense is that the message that will be sent by voters this time out, if i'm re-elected, will be we're not satisfied with the pace of progress, but we do think that the ideas the pr
obama and republican house speaker john boehner failed to reach agreement on the budget, an agreement that they called "the grand bargain" you're calling for cooperation in washington, but if you're re- elected, john boehner will still be speaker of the house. paul ryan will still be the chairman of the budget committee. how will anything change in washington if all the players are the same, including yourself? >> well, first of all, we don't know what's going to happen in the...
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Dec 6, 2012
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. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying to connect with our generation in a different way using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grassroots campaign wants to sign up more than 2 million people to push pres
. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders...
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Dec 20, 2012
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well, speaker boehner has expressed confidence his plan b will pass the house. it would extend current tax rates for americans making less than a million dollars a year. if that happens, boehner says the president will have a choice to make. >> he can call on senate democrats to pass that bill, or he can be responsible for the largest tax increase in american history. >> speaker boehner's plan is the latest swipe in the duel over the fiscal cliff. he wants the white house to come up with a proposal that includes more spending reductions, but as an earlier news conference, the president said his latest offer provides enough cuts. >> what i said is that in order to arrive at a compromise, i am prepared to do some very tough things, some things that some democrats don't want to see. >> president obama's plan provides $850 billion in spending cuts over ten years while raising $1.3 trillion in revenue. mostly by raising taxes on incomes over $400,000 a year. >> at some point there's got to be, i think, a recognition on the part of my republican friends that, you know
well, speaker boehner has expressed confidence his plan b will pass the house. it would extend current tax rates for americans making less than a million dollars a year. if that happens, boehner says the president will have a choice to make. >> he can call on senate democrats to pass that bill, or he can be responsible for the largest tax increase in american history. >> speaker boehner's plan is the latest swipe in the duel over the fiscal cliff. he wants the white house to come up...
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Apr 18, 2012
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"cbs this morning" anchor charlie rose asked house speaker john boehner about the next phase of the romney campaign. >> reporter: does he need reset his campaign? does he need to get together and say to himself and to you and to the leadership in the senate, i want to take this opportunity to redefine myself, because many americans have not focused on this sort of thing? >> well, that's pretty hard to do. but after any primary, there's always a little retooling. always some adjustments in terms of now you have a different opponent. and so i think you'll see some new things out of this campaign. >> reporter: like what? >> a real focus on what the election's going to be about. economics, economics, economics. >> and later this morning you can see more of charlie rose's interview with boehner on "cbs this morning." >>> coming up on the morning news -- an honor overdue. the white house will salute a war hero 42 years after he died, saving fellow soldiers during the vietnam war. >>> first, scott pelley with a preview of tonight's "cbs evening news." >>> they're the american heroes who carried o
"cbs this morning" anchor charlie rose asked house speaker john boehner about the next phase of the romney campaign. >> reporter: does he need reset his campaign? does he need to get together and say to himself and to you and to the leadership in the senate, i want to take this opportunity to redefine myself, because many americans have not focused on this sort of thing? >> well, that's pretty hard to do. but after any primary, there's always a little retooling. always...
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Dec 18, 2012
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this comes with a price, one that president obama is not yet agreed to pay. the president and boehner met in the oval office for just under an hour. in a call to mr. obama friday just after his statement on the connecticut school massacre boehner for the first time agreed to raise income tax rates he proposed raising the top rate from 35% to 39.6% on households earning one million dollars a year or more. es. obama wants to raise rates on households making $250,000 or more. congressional sources say boehner has most house republicans with him. here's the catch, republicans want mr. obama to agree to one puillion in spending cuts, mostly coming from medicare and medicaid. republicans want to raise the medicare eligibility age and reduce cost of living adjustments to social security. these have been red lines for the white house but the president is considering them now aides to both leaders say the president and the speaker feel the weight of this moment id know they can help a grieving nation by ending weeks of grieving acrimony. obstacles remain. but for the
this comes with a price, one that president obama is not yet agreed to pay. the president and boehner met in the oval office for just under an hour. in a call to mr. obama friday just after his statement on the connecticut school massacre boehner for the first time agreed to raise income tax rates he proposed raising the top rate from 35% to 39.6% on households earning one million dollars a year or more. es. obama wants to raise rates on households making $250,000 or more. congressional sources...
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Dec 19, 2012
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president obama. he calls it plan b. the white house and democratic leaders have already rejected boehner's idea. nancy cordes has the details now from washington. >> our plan b would protect the american taxpayers. >> reporter: speaker boehner says he'll take his plan directly to the house floor with a bill to extend the low bush cut tax rates for all americans making less than $1 million a year. that's far higher than the $400 income cut-off the president is currently proposing, higher still that president obama's campaign promise to let taxes rise on households make 2g $50,000 or more. boehner said he has to bypass talks with the white house and pull the vote on his plan now because the president's latest fiscal cliff proposal still isn't balanced between taxes and cuts. >> what is your definition of a balanced deal? does it have to be dollar-for-dollar spending cuts on tax revenue increases? >> most people would agree it's balanced. >> reporter: but can it just be close to that, or does it have to
president obama. he calls it plan b. the white house and democratic leaders have already rejected boehner's idea. nancy cordes has the details now from washington. >> our plan b would protect the american taxpayers. >> reporter: speaker boehner says he'll take his plan directly to the house floor with a bill to extend the low bush cut tax rates for all americans making less than $1 million a year. that's far higher than the $400 income cut-off the president is currently proposing,...
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Dec 11, 2012
12/12
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day in a row aide to speaker john boehner. no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. >> reporter: boehner and house republicans want to preserve all the bush era tax rates due to expire at year's end, shielding everyone from a tax increase. mr. obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> reporter: even so, democrats worry mr. obama might cave to republicans, their biggest fear, the president will do what he considered in 2011, raise the eligibility age for med
day in a row aide to speaker john boehner. no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. >> reporter: boehner and house republicans want to preserve all the bush era tax rates due to expire at year's end, shielding...
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Dec 18, 2012
12/12
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and house speaker john boehner are still in touch about the fiscal cliff. and there's new progress to report this morning from those negotiations. boehner is discussing the latest white house proposal with fellow republicans today. major garrett is at the white house. major, are we finally close to a deal? >> reporter: it looks that way and it feels that way nora, charlie, and gale. there is no timetable for announcing it, but there are people who would not be surprised that there was an announcement possibly as early as tomorrow and maybe voting this week on the final compromise to avert the fiscal cliff. now if you want all the underlying, really nerdy details, go to cbsnews.com. i have a piece that has them there. let's go over broad outlines. the president yesterday made two significant concessions. one, he had previously said he wanted income taxes raised for everyone making more than $250,000. he raised the threshold yesterday to house and senate republicans to $400,000. and for the first time the president said he would be willing to accept some redu
and house speaker john boehner are still in touch about the fiscal cliff. and there's new progress to report this morning from those negotiations. boehner is discussing the latest white house proposal with fellow republicans today. major garrett is at the white house. major, are we finally close to a deal? >> reporter: it looks that way and it feels that way nora, charlie, and gale. there is no timetable for announcing it, but there are people who would not be surprised that there was an...
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Nov 9, 2012
11/12
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president obama will not be that's not what this is. president obama will not be taking questions.pen we hope that will happen next m week. in the meantime the white house t started to notice that the speaker republican house speaker john boehner came out to speak about fisca the fiscal cliff on wednesday. he's he's going to speak about it again today. and the white house realizes the needed t president needs to stake his territory, lay the groundwork g for the negotiations as well. and so what he's going to argue today, we expect, is that the is that the american people voted on tuesday night not just for him but for the things he has been fighting b for such as allowing household ho incomes over $250,000 a year to revert to the higher tax rates. he's going to say this is an easy and reasonable way to easy reduce the deficit. republicans, of course ans compl completely disagree and speaker boehner said again yesterday ag that this would hurt job creators.creato we got some very interesting news yesterday from the nonpartisan congress s
president obama will not be that's not what this is. president obama will not be taking questions.pen we hope that will happen next m week. in the meantime the white house t started to notice that the speaker republican house speaker john boehner came out to speak about fisca the fiscal cliff on wednesday. he's he's going to speak about it again today. and the white house realizes the needed t president needs to stake his territory, lay the groundwork g for the negotiations as well. and so what...
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Dec 28, 2012
12/12
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between the president and the speaker have fallen apart. we you can't legislate with yourself. >> the republicans bent over backwards. we wanted an agreement, but we had no takers. >> reporter: washington scrambles to avert the fiscal cliff. >> president obama asked congressional leaders to convene at the white house today. >> if the president and lawmakers cannot reach a deal economists warn that could trigger another recession. >> are they going to avoid the fiscal cliff, eric? >> the gulf war general known as stormin' norman has died. gen malnorman shwards cop of dread the coalition that drove saddam hussein's forces out of kuwait. >> the monster storm system finally moved out but some are bracing for another round of snow. >> more than 14,000 longshoremen are planning to strike on sunday the walk-out could affect ports from boston to houston. >>> for the second time this month a man has been pushed to his death in the path of a new york subway train. >> crazy people running the streets. >>> an uninvited guests slithered into a backyard
between the president and the speaker have fallen apart. we you can't legislate with yourself. >> the republicans bent over backwards. we wanted an agreement, but we had no takers. >> reporter: washington scrambles to avert the fiscal cliff. >> president obama asked congressional leaders to convene at the white house today. >> if the president and lawmakers cannot reach a deal economists warn that could trigger another recession. >> are they going to avoid the...
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Dec 13, 2012
12/12
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house speaker john boehner on president obama. >> his plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually increases spending. >> and here's white house spokesman jay carney's dismiss i've assessment of boehner's proposal to permanently extend all income tax rates until they're replaced next year under a redrawn tax code with fewer loopholes and deductions. >> those magic beans are just beans and that fairy dust is just dust. it is not serious. and the president will not sign an extension of the bush tax cuts for the wealthiest. >> reporter: the top house democrat accused republicans of delaying a tax cut for middle class americans while trying to preserve one for the wealthiest 2% of income earners. >> it's getting really stale. it's getting really old. and the closer we get to christmas, it's really getting boring. >> reporter: the white house released this photo of president obama talking tuesday to boehner. it doesn't look heated, but the conversation was. obama to
house speaker john boehner on president obama. >> his plan does not fulfill his promise to bring a balanced approach to solving this problem. it's mainly tax hikes. and his plan does not begin to solve our debt crisis. it actually increases spending. >> and here's white house spokesman jay carney's dismiss i've assessment of boehner's proposal to permanently extend all income tax rates until they're replaced next year under a redrawn tax code with fewer loopholes and deductions....
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Dec 28, 2012
12/12
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obama 54% support compared to 26% for house speaker john boehner. >>> 5:02. a looming dock worker strike threatens to hurt the economy, as well. longshoremen are locked in negotiations with shipping companies over royalties paid to workers for each ton of cargo they move. a shutdown would impact 15 ports along the east coast and the gulf and officials estimate it will cost $1 billion a day. >>> 5:03. let's check traffic and weather. we had a break yesterday but i guess rain is coming back. >> it's all gone. >> hello. >> it didn't last very long. we got rain heading towards the bay area and you can see that low. it's right there. so it hasn't quite hit the bay area yet. but by later on this afternoon, that's when we're going to see light showers and it's going to quickly spread all across the bay area, continuing to tomorrow morning. so it's on approach right now and you can see those showers. bring an umbrella if you are heading outside at all today. so again you won't need it for this morning. the only thing we're talking about are all these cold temperature
obama 54% support compared to 26% for house speaker john boehner. >>> 5:02. a looming dock worker strike threatens to hurt the economy, as well. longshoremen are locked in negotiations with shipping companies over royalties paid to workers for each ton of cargo they move. a shutdown would impact 15 ports along the east coast and the gulf and officials estimate it will cost $1 billion a day. >>> 5:03. let's check traffic and weather. we had a break yesterday but i guess rain is...
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Dec 17, 2012
12/12
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president obama and congressional democrats have been calling for higher taxes on those making at least a quarter of a million dollars. >>> chevron says it is installing a different kind of piping at its richmond refinery that should prevent fires like the one back in august. according to the "san francisco chronicle," the piping is made to resist the type of corrosion that's believed to have caused that recent fire. official tests to determine the cause of the fire are not yet complete. >>> thursday, state regulators are expected to approve a plan that pg&e says will improve its pipeline safety. the "san francisco examiner" says the plan includes replacement of 185 miles of pipeline segments and automating more than 200 valves. that plan comes two years a pg&e pipeline explode killing 8 people in san bruno. >>> the pain at the pump is easing as gas prices continue to fall. aaa says the statewide average price for a gavel regular is now $3.57. that doesn't sound cheap but at least it's down 24 cents a gallon from mid-november. the highest average price in the bay area is in san francisc
president obama and congressional democrats have been calling for higher taxes on those making at least a quarter of a million dollars. >>> chevron says it is installing a different kind of piping at its richmond refinery that should prevent fires like the one back in august. according to the "san francisco chronicle," the piping is made to resist the type of corrosion that's believed to have caused that recent fire. official tests to determine the cause of the fire are not...
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Jun 30, 2012
06/12
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president obama was adamant that this is not a tax. but the fact is that republicans are going to say that this is a tax and the complexity here is that the republicans, we heard speaker john boehner, talk about this tax and how he doesn't like it. now, mitt romney could do the same thing except that in massachusetts, mitt romney's health care plan had a tax at its center in order to get people to buy insurance. and so it's a mechanism very similar to what's in the affordable care act, which makes it a little trickier for him to criticize the president. >> given that the language now, john, is tax ds and associated with this law, do you expect that democrats in congressional highly contentious congressional districts are going to distance themselves from the law itself? >> that's the key point. so if there's a split on the republican side, there's also a split on the democratic side. there are a lot who were not crowing about the fact that the affordable care act was upheld. they know it's quite unpopular. they're trying to keep their
president obama was adamant that this is not a tax. but the fact is that republicans are going to say that this is a tax and the complexity here is that the republicans, we heard speaker john boehner, talk about this tax and how he doesn't like it. now, mitt romney could do the same thing except that in massachusetts, mitt romney's health care plan had a tax at its center in order to get people to buy insurance. and so it's a mechanism very similar to what's in the affordable care act, which...